Nonprofit · EIN 92-3493154
BELMONT NEWS FOUNDATION INC
Tax-exempt · BELMONT, MA 02478
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $658,712 | $444,887 | $213,825 | $658,728 | $79,761 | $578,967 |
| December 31, 2023 | 990 | $395,852 | $37,670 | $358,182 | $363,138 | $4,956 | $358,182 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $439,528
- of which government grants
- $184,078
- Program service revenue
- $202,732
- Investment income
- $16,452
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $56,217
- Salaries, compensation and benefits (total)
- $66,214
- Professional fundraising fees
- $0
- Accounting fees
- $9,216
- Occupancy
- $10,920
- Depreciation
- $3,348
- Program services (functional)
- $414,754
- Management and general (functional)
- $19,028
- Fundraising (functional)
- $11,105
Balance sheet and other
- Total assets, start of year
- $363,138
- Total assets, end of year
- $658,728
- Total liabilities, end of year
- $79,761
- Net assets, end of year
- $578,967
- Land, buildings and equipment
- $81,968
- Publicly traded securities
- $1,200
- Net assets without donor restrictions
- $578,967
- Gross unrelated business income
- $202,642
- Gross receipts
- $658,712
- Employees
- 4
- Volunteers
- 1,520
- Year formed
- 2023
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LUCIA ARNO-BERNSEN | SECRETARY Trustee or director, Officer | 10 | $0 |
| SARAH CAPUTO | CHAIR Trustee or director, Officer | 12 | $0 |
| PATTY HURLEY | DIRECTOR Trustee or director | 2 | $0 |
| WILL JASON | DIRECTOR Trustee or director | 1.5 | $0 |
| MARIA OLAGUNJU | DIRECTOR Trustee or director | 2 | $0 |
| CHAD ONUFRECHUK | TREASURER Trustee or director, Officer | 3 | $0 |
| BOB RIFKIN | PRESIDENT Trustee or director, Officer | 17 | $0 |
| KEVIN SULLIVAN | DIRECTOR Trustee or director | 5 | $0 |
| MARIYA TREISMAN | DIRECTOR Trustee or director | 3 | $0 |
| PIERRE VALETTE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT RIFKIN | CO-PRESIDENT AND DIRECTOR Trustee or director, Officer | 24 | $0 |
| VICTORIA FICI | TREASURER AND DIRECTOR Trustee or director, Officer | 20 | $0 |
| LUCIA ARNO-BERNSEN | CLERK AND DIRECTOR Trustee or director, Officer | 21 | $0 |
| MARIYA TREISMAN | DIRECTOR Trustee or director | 5 | $0 |
| KEVIN SULLIVAN | DIRECTOR Trustee or director | 10 | $0 |
| JANE SHERWIN | DIRECTOR Trustee or director | 25 | $0 |
| ANNE DONOHUE | DIRECTOR Trustee or director | 10 | $0 |
| SARAH CAPUTO | CO-PRESIDENT AND DIRECTOR Trustee or director, Officer | 15 | $0 |
Address and contacts
- Address (IRS master file)
- 68 LEONARD ST SUITE 3, BELMONT, MA 02478-2522
- In care of
- % JANE SHERWIN
- Principal officer (990 for 2024)
- SARAH CAPUTO, 68 LEONARD STREET 3, BELMONT, MA 02478
- Signed the 990
- SARAH CAPUTO, CHAIR
- Phone
- (617) 996-0040
- Website
- BELMONTVOICE.ORG
- Return prepared by
- RUANE & COMPANY LLP
Mission
THE ORGANIZATION'S MISSION IS TO PRODUCE INDEPENDENT JOURNALISM THAT KEEPS THE BELMONT, MASSACHUSETTS COMMUNITY CONNECTED, WELL-INFORMED AND ENGAGED WITH THOROUGH, ACCURATE AND FAIR COVERAGE OF TOPICS AFFECTING THE TOWN.
Program accomplishments
- THE ORGANIZATION PRODUCES A WEEKLY NEWSPAPER CALLED THE BELMONT VOICE. IT IS AVAILABLE ONLINE AND IS DELIVERED FREE TO EVERY HOUSEHOLD AND BUSINESS IN BELMONT, MASSACHUSETTS.Expenses $414,754 · revenue $202,732
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 92-3493154
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A30)
- Assets (IRS master file)
- $658,728
- Income (IRS master file)
- $658,712
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $658,712 | $444,887 | $658,728 | XML |
| 990 | December 2023 | $395,852 | $37,670 | $363,138 | XML |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 92-3493154).
Questions about BELMONT NEWS FOUNDATION INC
- What is the EIN of BELMONT NEWS FOUNDATION INC?
- The employer identification number (EIN) of BELMONT NEWS FOUNDATION INC is 92-3493154.
- Is BELMONT NEWS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to BELMONT NEWS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BELMONT NEWS FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BELMONT NEWS FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BELMONT NEWS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BELMONT NEWS FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names SARAH CAPUTO.
- Who are the officers and directors of BELMONT NEWS FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does BELMONT NEWS FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $658,712, expenses of $444,887 and total assets of $658,728 at year end.
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All nonprofits in BELMONT · Massachusetts · Arts, culture and humanities